Technical
Financial
Distress signals
Property profile

1610 State Blvd Salem, OH 44460

OFF-MARKET
Commercial land
Property ID
US66-3951698
0.12 ac lot
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2.5-acre property located at 1610 State Boulevard in Salem, Ohio, presents a unique investment opportunity. Currently configured as a daycare center, the property is ideally suited for continued operation in this capacity, offering numerous existing learning and play areas ready for immediate use. The expansive 2.5-acre lot provides ample space for outdoor activities and potential expansion. The building's interior layout is designed to accommodate the needs of a daycare, featuring multiple rooms suitable for various age groups and activities. The property's convenient Salem location ensures easy accessibility for families and staff. This turnkey operation eliminates the need for extensive renovations or build-out, allowing for a swift commencement of business. The asking price of $250,000 represents a compelling value for a ready-to-operate daycare center on such a sizable lot. The property's potential extends beyond its current use

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.12 ac (5,401 SF)
APN 50-50026-000
UPID US66-3951698

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1610 State Blvd Salem, OH 44460-1961
Salem metro Census 950700 SALEM, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$130k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2025
Last sale
$144,500
2 recorded transactions
2025
$230,000
2021
$144,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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